Funding you earn now, next payment 08:00 UTC−0.0135%/8h= −14.8% APRnext payment −$1.35 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against BloFin0.000%110s7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$241as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2222.219% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now 0.000%, 7d avg −0.073%
=The price spread pays, funding is against you. KuCoin is 0.073% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.073%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 43 hours. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SNXX-USDT | 17.580 | 0.0025 | pay 0.0025% / 8h | 3h 13m | $280K | $281K | 25x |
| Short | KuCoin SNXXUSDTM | 17.580 | −0.0110 | pay 0.0110% / 8h | 3h 13m | $208K | $275K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$28.44
- Price spread: 0.000% → −0.073%
- $7.26
- Slippage, 4 orders
- −$197.94
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$243.12
- Costs to cover
- 2.219%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 16 min ago; KuCoin: live order book, 58 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 16 min ago | 8.48 bp | 14.5 bp −$14 | 15.0 bp −$150 | 32.5 bp −$3,249 | 80.1 bp −$40.0K |
| Sell KuCoin live order book, 58 min ago | 13.94 bp | 103.2 bp −$103 | doesn't fit | doesn't fit | doesn't fit |
SNXX on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SNXX | −0.3637% | 1h | 17.568 | −0.068% | $137K | $744K | 10x | as long as short |
| Bybit SNXXUSDT | −0.0791% | 8h | 17.580 | 0.000% | $3.3M | $18.7M | 50x | as long as short |
| HTX SNXX-USDT | −0.0262% | 8h | 17.600 | +0.114% | $10K | $4K | 10x | as long as short |
| KuCoin SNXXUSDTMshort | −0.0110% | 8h | 17.580 | 0.000% | $208K | $275K | 20x | |
| Orderly PERP_SNXX_USDC_mythos | −0.0046% | 8h | 17.580 | 0.000% | $1K | $2K | 10x | as long as short |
| Binance SNXXUSDT | −0.0008% | 8h | 17.579 | −0.008% | $31.3M | $470.3M | 25x | as long as short |
| Aster SNXXUSDT | 0.0000% | 8h | 17.629 | +0.281% | $52K | $573K | 20x | as long as short |
| OKX SNXX-USDT-SWAP | 0.0000% | 8h | 17.570 | −0.057% | $4.9M | $63.0M | 25x | as long as short |
| Gate SNXX_USDT | 0.0000% | 8h | 17.587 | +0.040% | $4.2M | $18.2M | 50x | as long as short |
| MEXC SNXX_USDT | 0.0000% | 8h | 17.590 | +0.057% | $9.1M | $7.7M | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SNXXUSDT | 0.0000% | 8h | 17.577 | −0.017% | $3.9M | $40.2M | 20x | as long as short |
| SunX SNXX-USDT | 0.0000% | 8h | 17.580 | 0.000% | — | $4.7M | 10x | as long as short |
| Phemex SNXXUSDT | 0.0000% | 8h | 17.580 | 0.000% | $1.6M | $1.5M | 20x | as long as short |
| BloFin SNXX-USDTlong | +0.0025% | 8h | 17.580 | long leg | $280K | $281K | 25x | |
| edgeX SNXXUSDC | +0.0159% | 4h | 17.586 | +0.035% | $54K | $405K | 10x | as long as short |
BloFin SNXX-USDT
KuCoin SNXXUSDTM
tradeXYZ xyz:SNXX
Bybit SNXXUSDT
HTX SNXX-USDT
Binance SNXXUSDT
Aster SNXXUSDT
OKX SNXX-USDT-SWAP
Gate SNXX_USDT
MEXC SNXX_USDT
Bitget SNXXUSDT
SunX SNXX-USDT
Phemex SNXXUSDT
edgeX SNXXUSDC